Ribbon v2 is the next version for Ribbon's Theta Vault product. It brings several major improvements to the vault and makes the vault operations decentralized.
v2 changes include:
- Decentralization of Theta Vault operations
- Improved capital efficiency (100% of vault funds are utilized)
- No more withdrawal fees, switching to performance fee
- Meta-Vault strategies by composing multiple Theta Vaults
First, install the dependencies with yarn:
yarn installNext, we need to populate the .env file with these values.
Copy the .env.example -> .env and fill out the value.
Reach out to the team if you need help on these variables. The TEST_URI needs to be an archive node.
TEST_URI=
MAINNET_URI=
KOVAN_URI=
ETHERSCAN_API_KEY=
KOVAN_MNEMONIC=
MAINNET_MNEMONIC=Finally, we can run the tests:
# Run all the tests
yarn test
# Run specific test that matches the pattern -g
yarn run ts-mocha test/RibbonThetaYearnVault.ts --timeout 500000 -g 'rollToNextOption'Ribbon v2 uses hardhat-deploy to manage contract deployments to the blockchain.
To deploy all the contracts to Kovan, do
yarn deploy --network kovan
The deployment info is stored on disk and committed into Git. Next, we have to export out the deployed addresses in a parseable format for the frontend to use (JSON).
yarn export-deployments
Finally, we can verify the contracts on Etherscan:
yarn etherscan-verify --network kovan
Will run all tests on Ethereum mainnet and a subset of tests on Avax
yarn test
Runs Ethereum mainnet
yarn test:eth
Runs Avax testnet
yarn test:avax